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The Federation of Trade and Services

SVTH (Icelandic: SVÞ) is a countrywide federation of companies in commerce and services in Iceland, established in October 1999 by the merging of several organisations in trade and services. SVTH is the second largest member of the Confederation of Icelandic Enterprise (SA).

The Federation includes private retailers and the consumer co-operative sector, the oil companies, the entire goods transport sector – the merchant fleet and trucking companies – the entire pharmacist sector, IT companies including telecommunication and postal services, and various service companies.

Our purpose

  • Advocate on behalf of our members
  • Tend to the general and collective interests of member companies
  • Contribute to the development of trade and services, better operating conditions, profitability and competitiveness
  • Provide services regarding wage affairs and wage negotiations in cooperation with SA

Main areas of operation

  • Information to members through our website, email, social media, publications, meetings and events
  • Education through courses and vocational training in co-operation with organisations, schools and institutions
  • Seminars, conferences and other events
  • Lobbying: monitoring and commenting on laws and regulations affecting our members
  • Labour market salary negotiations led by SA
  • International co-operation through membership in EuroCommerce, UNICE, FIRAE, IRU and with Nordic sister organisations